The Technical Analyst
Ribbon Communications Inc [RBBN]
Exchange: NASDAQ Sector: Communication Services Industry: Telecom Services
Ribbon Communications Inc Price, Forecast, Insider, Ratings, Fundamentals & Signals
Current Signal: SELL (auto-tracking)
3.38% $3.36
America/New_York / 25 apr 2024 @ 11:10
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 579.47 mill |
| EPS: | -0.390 |
| P/E: | -8.62 |
| Earnings Date: | Apr 24, 2024 |
| SharesOutstanding: | 172.46 mill |
| Avg Daily Volume: | 0.454 mill |
| RATING 2024-04-24 |
|---|
| A- |
| Buy |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Neutral | |
| Return On Equity: | Neutral | |
| Return On Asset: | Neutral | |
| DE: | Buy | |
| P/E: | Buy | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE -8.62 | sector: PE 16.27 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| -0.10x |
| Company: PE -8.62 | industry: PE 84.29 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$1.160 (-65.48%) $-2.20 |
| Date: 2024-04-25 |
| Expected Trading Range (DAY) |
|---|
|
$ 3.23 - 3.49 ( +/- 3.84%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-04-17 | Redington Dan | Buy | 24 465 | Common Stock |
| 2024-04-17 | Redington Dan | Sell | 21 793 | Common Stock |
| 2024-04-17 | Redington Dan | Buy | 36 143 | Common Stock |
| 2024-04-17 | Redington Dan | Sell | 36 143 | Restricted Stock Units (RSUs) |
| 2024-04-17 | Redington Dan | Sell | 24 465 | Performance Share Units (PSUs) |
| INSIDER POWER |
|---|
| -13.37 |
| Last 100 transactions |
| Buy: 1 279 591 | Sell: 1 674 686 |
Forecast:
12:49 - $3.35
Live Trading Signals (every 1 min)
Forecast
1: 11:19 - $3.36
Forecast 2: 12:09 - $3.34
Forecast 3: 12:49 - $3.35
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $3.36 (3.38% ) |
| Volume | 0.453 mill |
| Avg. Vol. | 0.454 mill |
| % of Avg. Vol | 99.81 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For RBBN
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % | Feb 8 - 15:34 | buy | $3.15 | N/A | Active |
|---|
RBBN
Ribbon Communications Inc. provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It operates through two segments, Cloud and Edge, and IP Optical Networks. The Cloud and Edge segment provides software and hardware products; and solutions and services for enabling voice over internet protocol communications, voice over long-term evolution, and voice over 5G communications and unified communications and collaboration. It also offers session border controller and network transformation products. This segment serves private, public, or hybrid cloud infrastructures, as well as data centers, enterprise premises, and service provider networks. It also provides multiple solutions for VoIP, VoLTE, VoNR, and UC&C in network, on-premises, or via the telco cloud. The IP Optical Networks segment provides hardware and software solutions for IP networking, switching, routing, and optical transport to support and enable technologies, such as 5G, distributed cloud computing, and corresponding applications. It also offers multiple solutions, including 5G-native solutions for mobile-backhaul, metro and edge aggregation, core networking, data center interconnect, legacy NTR, and transport solutions for wholesale carriers. This segment serves utilities, government, defense, finance, transportation, and education and research industries, as well as service providers and enterprises. It also provides advanced analytics solutions and next generation products that provides cloud-native and streaming analytics platform for networks and subscribers. The company was formerly known as Sonus Networks, Inc. and changed its name to Ribbon Communications Inc. in November 2017. Ribbon Communications Inc. was founded in 1997 and is headquartered in Plano, Texas.
Latest Press Releases
2024-04-24 08:00:00 - Press Release
Ribbon Communications Inc. Reports First Quarter 2024 Financial Results
Significant profitability improvement with >700 bps increase in gross margin selected by verizon for multi-year advanced voice network platform plano, texas , april 24, 2024 /prnewswire/ -- ribbon communications inc. (nasdaq: rbbn), a global provider of real time communications technology and ip optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced its financial results for the first quarter 2024. revenue for the first quarter of 2024 was $180 million, compared to $186 million for the first quarter of 2023.
2024-04-24 07:00:00 - Press Release
Ribbon Selected To Provide Advanced Voice Network Platform And Services For Verizon
Multi-year program delivers significant cost efficiencies, technology advancements and environmental benefits plano, texas , april 24, 2024 /prnewswire/ -- ribbon communications inc. (nasdaq: rbbn), a global provider of real time communications technology and ip optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced plans for a major network modernization program with verizon to retire legacy tdm switching platforms and replace their function with modern cloud-based technologies. "our continuous goal at verizon is to provide the most advanced technologies for our customers while simultaneously improving our cost of operations and advance our sustainability efforts in power consumption," said eric lia, senior vice president of engineering at verizon.
2024-04-17 09:00:00 - Press Release
Ribbon Communications Announces Time Change For Reporting First Quarter 2024 Financial Results
Plano, texas , april 17, 2024 /prnewswire/ -- ribbon communications inc. (nasdaq: rbbn), a global provider of real time communications technology and ip optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced a time change to its first quarter 2024 financial results and conference call. ribbon communications will now report financial results for the first quarter of 2024 before the opening of the market on wednesday, april 24, 2024.
2024-04-11 16:00:00 - Press Release
Ribbon Communications To Report First Quarter 2024 Financial Results On April 24, 2024
Plano, texas , april 11, 2024 /prnewswire/ -- ribbon communications inc. (nasdaq: rbbn), a global provider of real time communications technology and ip optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced that it will report financial results for the first quarter of 2024 after the close of the market on wednesday, april 24, 2024 . following the release, ribbon communications will host a conference call with the financial community at 4:30 p.m.
2024-03-19 08:00:00 - Press Release
Ribbon And Cisco Demonstrate 1.2 Tbps Interoperability At Ofc 2024
First reported display of interoperable multivendor ecosystem for highest commercial transmission speeds available plano, texas , march 19, 2024 /prnewswire/ -- ribbon communications inc. (nasdaq: rbbn), a global provider of real time communications technology and ip optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced that it has achieved interoperability of 1.2t optical transmission in partnership with cisco . the demo, which will be public at ofc 2024, shows interoperability between the ribbon apollo 9408 and the cisco ncs 1014, which both incorporate acacia's cim 8 140gbaud transceiver, and conforms to the openroadm bookended model for transponder interoperability while uniquely extending this model for multiple vendors.
Latest News
2024-04-24 16:22:06 - The Motley Fool
Why Ribbon Communications Stock Is Soaring Today
Ribbon's long-standing relationship with Verizon has evolved into a lucrative network upgrade contract. This deal not only cements a game-changing revenue stream for Ribbon, but also sets the stage for more industry partnerships.
2024-04-24 10:10:20 - Zacks Investment Research
Ribbon Communications (RBBN) Reports Q1 Loss, Misses Revenue Estimates
Ribbon Communications (RBBN) came out with a quarterly loss of $0.01 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.02 per share a year ago.
2024-02-14 19:57:05 - Seeking Alpha
Ribbon Communications Inc. (RBBN) Q4 2023 Earnings Call Transcript
2024-02-14 18:16:05 - Zacks Investment Research
Ribbon Communications (RBBN) Q4 Earnings and Revenues Lag Estimates
Ribbon Communications (RBBN) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.09 per share a year ago.
2023-10-25 22:37:08 - Seeking Alpha
Ribbon Communications Inc. (RBBN) Q3 2023 Earnings Call Transcript
Ribbon Communications Inc. (NASDAQ:RBBN ) Q3 2023 Earnings Conference Call October 25, 2023 4:30 PM ET Company Participants Joni Roberts - Chief Marketing Officer Bruce McClelland - Chief Executive Officer Mick Lopez - Chief Financial Officer Conference Call Participants Erik Suppiger - JMP Securities Greg Mesniaeff - WestPark Capital Dave Kang - B. Riley Securities Tim Savageaux - Northland Capital Markets Operator Ladies and gentlemen, greetings and welcome to the Ribbon Communications Third Quarter 2023 Financial Results Conference Call.
2023-10-25 18:47:41 - Zacks Investment Research
Ribbon Communications (RBBN) Lags Q3 Earnings and Revenue Estimates
Ribbon Communications (RBBN) came out with quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.02 per share a year ago.
2023-07-26 19:12:48 - Zacks Investment Research
Ribbon Communications (RBBN) Q2 Earnings Meet Estimates
Ribbon Communications (RBBN) came out with quarterly earnings of $0.04 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.06 per share a year ago.
2023-07-25 20:58:57 - InvestorPlace
3 Millionaire-Maker Growth Stocks to Buy Before the Window
Here's a personal story – while millionaire-maker stocks to buy seems like a fantastical notion, it's not an impossible one. Roughly two-and-a-half years ago, I shared how I bought my house free and clear thanks to cryptos.
2023-07-18 12:05:28 - Zacks Investment Research
Ribbon (RBBN) Expands Clientele With InfiniVAN Addition
Ribbon (RBBN) is expanding its clientele with the addition of InfiniVAN, which selected its IP Wave solutions.
2023-05-26 14:35:28 - Zacks Investment Research
3 Network Software Stocks to Buy From a Prospering Industry
Communication-Network Software providers Weave (WEAV), Ribbon (RBBN) and Kaleyra (KLR) benefit from the ongoing digitalization efforts, including a shift to cloud computing and the rapid deployment of 5G-based networks.